About Me

Few things are more important than having the right insurance coverage. About ten years ago, I was involved in a near-fatal crash where I experienced traumatic physical and emotional injuries. It was really challenging for me to endure the hospital stay and subsequent physical rehabilitation, but with the help of my medical team and my insurance company, I was able to overcome the challenge and completely recover. This blog is all about the importance of choosing the right insurance plan so that you can get on with your life and enjoy those precious years with your family and your friends.

Three Tips For Getting The Most Out Of Your Homeowner's Insurance

Protecting your home against financial losses will require you to invest in a home insurance policy. However, it can be common for new homeowners to be fairly uninformed about their insurance policy, which can make it difficult to get the most from these policies. To help you ensure you get the most from your investment in homeowners insurance policy, you can use these three tips.

Update Your Policy After Each Addition Or Renovation

If you ever decide to add a swimming pool, undertake a major renovation or make any other major change to your house or property, you should make it a point to update your insurance policy to reflect these changes. To ensure that you choose the right level of coverage, you should have the property professionally appraised. This will help to ensure that you choose a policy that can cover the full value of your property in the event it suffers catastrophic damages or all the structures are destroyed.

Keep An Active Flood Insurance Policy

It can be common for homeowners to assume that their homeowner's insurance will protect them in the event that the property suffered flood damage. Unfortunately, damages caused by floods are typically excluded from being covered, which means that you will need to purchase a separate policy to protect you from this type of damage. While you may assume that you do not need his coverage due to the fact that you live far from a river or lake, it is possible for flash flooding to strike almost anywhere.

Add Sewer And Plumbing Coverage

Damages stemming from flooding caused by sewer or plumbing damages are often included in standard homeowners insurance policies. However, not all insurance companies automatically include this type of coverage. As a result, you will need to closely review your policy to determine whether you are covered in the event of a major plumbing or sewer problems. In instances where your policy does not include this type of coverage, you will need to add a separate policy that covers this type of damage.

Getting the most from your homeowner's insurance policy will require you to be aware of the type and amount of coverage that protects your home. By having the home appraised following every major addition or renovation, as well as adding a policy to protect the home against water damage, you will be better able to ensure that you are getting the most out of this investment in protecting your home.